Seven stocks that are held by more than 100 mutual fund schemes have more than doubled so far in FY27, the financial year that runs from April 2026 to March 2027.
Sterlite Technologies has led the group, with gains of 303%. It is followed by Welspun Corp, Ather Energy and Laurus Labs.
The common thread is that all seven stocks have won the backing of a large number of mutual fund schemes. Such broad holding by fund managers often signals that a stock has attracted sustained institutional interest, not just short-term trading.
The rally has been strong across the group, with the sharpest gains seen in Sterlite Technologies. Investors looking at these names should keep in mind that large gains over a short period can reverse quickly, and that past performance is no guarantee of future returns.